Understanding Net Worth Answers

Which would be considered liabilities? Check all that apply.

What is Kevin’s net worth on May 31, 2013?

Which of the following is not an example of income?

These are all examples of assets✔ expensesincomesavings.

What is Kaycie’s net income?$

Lana owns a house worth $325,000 and has a mortgage of $245,000. She owns a guitar worth $750. She also owns a car worth $15,000 and has $9,000 in car loans. She has $8,000 in stock investments and $2,100 in a savings account. What is Lana’s net worth?